The AB=CD pattern is easy to identify on charts and consists of 2 equivalent price legs. It has specific Fibonacci measurements of each point within its structure, eliminating room for flexible interpretation. The C point must retrace to either a 0.618 or 0.786 and the BC projection is either 1.27 or 1.618. When the BC projection and the AB=CD completion converge closely and define a small area, the chance of a reversal increases.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level is behind a structure level beyond the D point. Conservative traders may look for additional confirmation before entering a trade, for instance an aligning RSI value or a specific candlestick pointing at a reversal. TradingView has a smart ABCD Pattern drawing tool that allows users to visually identify this pattern on a chart. There are several variations, based on CD being an extension of AB such as the 1.27 AB=CD or the 1.618 AB=CD pattern.
Pair: EURUSD
Trade: Long
Time Frame: H1
Strategy: INSIDE BAR
Don't forget to use %2 Risk Management.
All details available on the chart, but if you need - please comment and let's discuss.
Please support the setup with your likes, comments and by following on TradingView.
hey guys,
on euro dollar on a 4h chart we have a nice completed bearish abcd pattern.
as the market touched 1.137 level we see an immediate rejection.
now, the market may potentially go even lower.
I will be waiting for a bearish violation of a neckline for a confirmation.
1.1285 is...
USDCAD Short Term Long Trade
Pair: USDCAD
Trade: Long
Time Frame: H1
Strategy: Crab and Butterfly Harmonic Patterns
Hopefully, you found this helpful!
If so please like or comment, your feedback is appreciated!
Australian advanced materials technology company Talga Resources (ASX:TLG) has reported further performance gains from optimisation tests involving its graphene-silicon, lithium-ion battery anode product Talnode-Si.
Talnode-Si comprises a mix of silicon and graphene particles engineered by Talga to be suitable for existing lithium-ion battery manufacturing...
I have been choosing Bullish side for this pair for many weeks and months & I have loosen a lot of my capital because of it. I suppose that it is a fork stage now. If price stays above a "Double Bottom zone" I will reopen longs again, however I do suppose that Bearish direction for a pair is very probably because of ABCD pattern & very Bearish Heikin Ashi February...
Guys, very nice setup if price completes at D point. It's the Bat completion AND AB=CD. I'll take short there if market allows price to go there :) Trade with care.
1.64 should hold with patterns we draw on the chart
We need the price to slow down and show us a bullish bias. It's a little early but we're in the buy zone.
Thank you for your comments and likes. Good luck.
SPX500 AB=CD Completed and lets take a short
2620 is the ideal entry , now price already start to fall
therefore we can short at 2604, SL 2650
aim 2520
hey guys,
on audusd pair we see a very nice harmonic abcd pattern.
what I like about this abcd pattern is that it perfectly matches with a significant level of structure looking left.
however, being a conservative trader I will be looking for a confirmation on a lower timeframe.
on...
The FTSE 100 is shaping up nicely on the 4h chart, I'm expecting this bullish 5-0 formation to complete within the next few weeks at the 50% retracement level.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
We will be trading with a stop loss below the 0.618 retracement level at 7240. If we execute the...
Pair: EURUSD
Trade: Long
Time Frame: H1
Strategy: Wedge Pattern
EURUSD Buy the Breakout + pullback.
Don't forget to use %2 Risk Management.
All details available on the chart, but if you need - please comment and let's discuss.
Please support the setup with your likes, comments and by following on TradingView.
When you see copper goes you should see major moves in the stock market as well. After hearing Harry Dent speaking about the Dark Window, which occurs every 90 years, I’m starting to look at things in a little different way. Instead of a market crash we could see commodities and stock market rallying to all time high and the dollar weakening, hence gold rising as...
EURUSD AB=CD together with Good Structure
Today Gap up and make higher high
so short temr trend is bullish.
therefore we can use the AB=CD to anticipate
another bullish wave and we can short the completion.
Look left ,there is also a very good reversal structure
we can rely on.
Plan:
Short EURUSD from 1.1439-1.1470
SL above 1.1505
Aim for a big fall
We need a bearish signal at the area of interest.
All details available on the chart, but if you need - please comment and let's discuss.
Please support the setup with your likes, comments and by following on TradingView.
Good luck.
Pair: EURNZD
Trade: Long
Time Frame: D1
Strategy: INSIDE BAR with BULLISH BAT PATTERN
Don't forget to use %2 Risk Management.
All details available on the chart, but if you need - please comment and let's discuss.
Please support the setup with your likes, comments and by following on TradingView.
hey traders,
I am back from vacation and ready to work:)
I have a nice trading opportunity for you on dollar yen pair.
First of all, look at a daily chart.
You see that the market is close to a significant level of structure.
Oh a 4hour chart we see a nice potential harmonic...
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
